Arizona is a unique state in that parts of the state have harsh winters while other areas deal with extreme heat in the summers. Either way, it definitely drives retirees to consider taking up residence somewhere else in those months when the weather isn’t enjoyable. Is ‘snowbird’ life for you? Let’s talk about what motivates people to take up temporary residence elsewhere, where they go, and if it’s worthwhile.

Here’s what we discuss in today’s show:

What our clients usually do when they choose to become ‘snowbirds.’

Where do people usually go to live when they leave?

What do you need to consider before deciding to take up two residences?

The ways that technology has given more flexibility with work and travel.

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832

For many Americans, the 401k will be their biggest asset in retirement and will be a critical piece of the income they need to create. It’s no surprise that we get a lot of questions about the 401k and today we’re going to address some of the one that we get asked the most.

Here’s what we discuss in today’s show:

• Is it a good idea to take advantage of a program your company offers to advise you on your 401k?
• Should you contribute as much as you can or just enough to get a company match?
• Should you use target date funds?
• Is it okay to take out a 401k loan to pay for major expenses?
• When is it a good time to rollover a 401k into an IRA?

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832

Today we’re going to tackle retirement planning through a fun game called ‘Two Truths and a Lie.’ Ron will present Mark with three statements, and he’ll have to tell us which two are true and which one is the lie. This episode is designed to help listeners better understand how various financial elements impact their retirement and overall financial health.

Here’s what we discuss in today’s show:

• Do stocks, bonds, or gold typically do better in inflationary periods?
• Rising interest rates will hurt borrowers, but rising interest rates don't hurt savers.
• Your emergency fund should be growing or it should be liquid.
• A market crash right after you retire can be very problematic.
• What’s the truth behind the future of Social Security?

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832